ExxonMobil, Bank of America, General Electric, Chevron and Boeing had combined profits of $77.16 billion in 2010 but paid $0 in federal income taxes, according to a new report from NYC Public Advocate Bill De Blasio, who is outraged that many massive corporations are getting incredible tax breaks while also pouring money into political campaigns. Contributions have soared since the Supreme Court’s Citizens United decision last year, which gave corporations more freedom to spend money on politics. De Blasio's analysis found that these top five recipients of corporate tax breaks avoided paying $5.4 billion$3.7 billion in potential taxes last year. At the same time, they spent a combined $7.86 million in campaign contributions, a 7% jump over their 2008 political spending. But you can't hold it against them, it is their First Amendment right. more ›

The Post is all excited and "EXCLUSIVE" in a "report" on campaign donations made by foreign models to Representative Anthony Weiner's mayoral campaign. Back in June, not long after Weiner made headlines by pushing for visa changes to make it easier for foreign models to work here, a fundraiser was held for his campaign at Merkato 55. According to the Post, the gala was co-hosted by an immigration lawyer whose firm represents some of the top modeling agencies, and several foreign models in attendance made donations ranging from $300 to $500. That's illegal—not because Weiner is rallying to their cause—but because they're not citizens. Weiner's spokesman says it was a simple mistake; they never even deposited the checks, which were returned months ago, and one the models doesn't actually recall attending the party (no surprise there). So why is the Post even talking about this? Because who can resist a headline like, "Weiner's Naughty Hottie$" Certainly not us! more ›

After an audit by the Federal Election Commission, Al Sharpton is being forced to pay back almost $500,000 for what they have deemed illegal campaign contributions during his 2004 run for president. The FEC is nailing Sharpton for not delineating between donations for his campaign and money coming in for his National Action Network. The report says that "virtually no effort was made" to show which funds were for which. more ›